Recession threatens to create a beaten generation

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Young people looking for jobs in a tough marketplace will shoulder more than their fair share of pain from this recession

The younger generation — those under 25 — are most at risk of redundancy. There are 838,000 people in that age group out of work in the UK and that figure could rise to more than a million as hundreds of thousands of school-leavers and graduates hit the jobs market this summer.

There couldn’t be a worse time, not only because they are competing with a growing army of more experienced job-hunters but also because Britain is at the top of the dole scrapheap.

France and Germany have almost half the number of young people looking for work. Even European